Business News of Monday, 18 March 2019Source: classfmonline.comGhana bags $180m from India’s Exim BankVice-President, Dr Mahamudu BawumiaThe government of Ghana has agreed a $180 million deal with the Exim Bank of India to finance various development projects in the country. This was announced by Ghana’s Vice-President, Dr Mahamudu Bawumia, who stated on Monday, 18 March 2019 that the agreements will be signed between the two countries in April 2019. Dr Bawumia revealed that the decision was taken after engagements with Mr David Raaquinha, Exim Bank of India President and also John Deere, an executive of TATA Africa Holding (GH) Limited. Dr Bawumia had earlier challenged investors to constructively engage their African counterparts as the governments and peoples of the continent gear up to take their destinies in their own hands and assume their rightful places in the comity of nations. According to Dr Bawumia, “Africa is on the move; a continent eager to shake off past failures due to blind colonial and cold-war alignments and sheer bad governance.

Source: GhanaWeb March 18, 2019 13:18 UTC